PROTECTINGAMERICA.ORG E-NEWS ProtectingAmerica.org Announces Formation of National Coalition Calling for Catastrophe Reforms
Unveils Survey Finding that Half of Americans Feel Vulnerable and 70% Feel Unprotected from Catastrophe ProtectingAmerica.org co-chairs James Lee Witt, former FEMA director, and Admiral James Loy, former Department of Homeland Security deputy secretary, announced the formation of a national coalition to help American families be better prepared and protected from the ravages of natural catastrophes and their economic consequences. | |  | | (Photo: Rep. Ginny Brown-Waite (R-FL) speaking at the podium as (from left to right) ProtectingAmerica.org co-chairs James Lee Witt and Admiral James Loy, and Bill McInturf of Public Opinion Strategies look on.) | |
Witt and Loy were joined in Washington, DC by Rep. Ginny Brown-Waite (R-FL) and several members of the coalition, advocating the need for a catastrophe management solution that will lead to continuous improvements in the way we prepare for and recover from catastrophe.
| | (Photo: Rep. Ginny Brown-Waite (R-FL) speaks with emergency response officials from Prince William County, Virginia at the ProtectingAmerica.org coalition announcement event in Washington, DC.) |  | | |
The announcement coincided with the release of a survey which found that by a margin of 76-to-12, respondents supported the concept of a privately funded national catastrophe fund and catastrophe management solution. Read more about the event and survey unveiling
Op-Ed from ProtectingAmerica.org Co-Chair Admiral James Loy in Washington Times Coinciding with the national launch of ProtectingAmerica.org, Admiral James Loy, co-chair of ProtectingAmerica.org, wrote in the Washington Times about the need for a national catastrophe management solution to cope with America's vulnerability, everywhere, to catastrophe. Following is an excerpt from 'When the next catastrophe strikes': | 'In addition to debating the government response and structure, we need to find private-sector solutions as well. We need comprehensive, integrated solutions at the local, state and federal levels that leverage the knowledge and expertise of the private sector in an effort to mitigate the potential damage during a catastrophic event and to ensure that adequate financial resources are available to lessen the economic consequences in catastrophe's aftermath.' |
Read Admiral Loy's op-ed in its entirety Momentum Building to Improve the Way America Prepares for Catastrophe - The call for a national catastrophe fund has new momentum, according to the Miami Herald – Read More
- A Brookings Institution report asserts it is time to take steps now to reduce the costs of future mega-catastrophes. The report goes on to say, 'the time has come for the federal government to convert what is de facto insurance—relief provided 'after the fact'—into a formal re-insurance system that assesses the cost of such catastrophic risks before such events occur.' Read more
- In his highly regarded annual letter to Berkshire Hathaway shareholders, Warren Buffett cautions that, due to the outlook for increasingly severe hurricanes in the coming years, Berkshire Hathaway will need to write mega-catastrophe policies at prices far higher than last year to limit its exposure. Read more
Join the Coalition to Better Prepare and Protect America from Catastrophe Are you interested in becoming a ProtectingAmerica.org coalition member? Learn more about the coalition and register to become a member at ProtectingAmerica.org.
ProtectingAmerica.org's mission is to raise awareness, educate the public and policymakers, and offer solutions that will better prepare and protect America from major catastrophe in a sensible, cost-effective fashion. Please contact enews@protectingamerica.org if you have any questions or comments.
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